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20110701
20110731
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MSNBC 45
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English 45
Search Results 0 to 44 of about 45 (some duplicates have been removed)
MSNBC
Jul 15, 2011 1:00am EDT
ever gets to the point where he's really going to cut the big three. i do give the president a great deal of credit for fighting the republicans like this and standing up to them. they're a reckless party and they don't care if they have another financial meltdown in this country. this is one of the most un-american things i think i have ever seen play out by a political party. president obama is putting politics aside. it's time for the republicans to do the same. i mean, when the president says this may sink my presidency, he's willing to have that happen as long as it saves the country financially. for once, for sure, we can turn to washington and see that there is someone and it happens to be president obama who's willing to put country first at the stake of -- at the sake of possibly losing his base in a very important election cycle and it may, of course, jeopardize his re-election. he's got 77 people in the house who signed on a resolution saying no cuts to the big three and willing to go to war with them as well to save the economy. where are the republicans? for the latest o
MSNBC
Jul 27, 2011 6:00pm EDT
guys to protect the fat guys and corporate jets and big super rich. you're expendable now, crack thinkers. don't you understand? they play you against the poor and you're skpentable now. let those guys handle it. they got to protect the big guys. >> now know, that is coming from john mccain whose campaign might be compared to custard, except custer's came out better than mccain's did. in 2012 a conservative will be elected so i think that will speak for itself. his his brand was she lacks in 2007 within 2008. mine won the house of representative by record numbers in 2010. >> yeah, but now your brand of conservative is told, get your butts in line. don't get too big for yourself. because you've done your job. you're saving the corporate jet guys. you're closing in making sure to protect the loops holes. now just shut up and let us handle it, we've got movies it watch. thank you judson phillips. thank you for being here with me. >> thank you for having me. >> hosts of the bill press show on sirius radio, gentlemen, it is quite interesting, looks like mr. boehner is trying to get a
MSNBC
Jul 25, 2011 10:00pm EDT
the government, the smaller the people. and right now we've got a government so big and so expensive it's sapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you're spending more money than you're taking in, you need to spend less of it. >> it is so elementary and so simple for the republicans, isn't it? boehner's two-step approach is nothing but a joke. for republicans, it all starts and ends with defeating president obama and seeing him fail. just take a look at the title of boehner's plan, "two-step approach to hold president obama accountable"? president obama accountable? did he inherit this? hold it there for just a moment. boehner isn't trying to solve the debt crisis. this is all about making president obama fail. let's dive into boehner's two-step plan. here's number one. cuts that exceed the debt hike. number two, caps to control future spending. now, those two steps seem pretty reasonable. the problem? boehner's two-step plan, you see, really has three more steps to it. number three, a balanced bu
MSNBC
Jul 20, 2011 9:00pm EDT
of the substance of the proposal, it's too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesn't get you further towards raising the debt ceiling, it's not just the president and the senate, it's crazy town down the hallway too, it's john boehner's republican house, that likes the idea of the nation defaulting, that thinks the explosion of the economy might be pretty or at least warm for a second. they are not looking for a good deal or achieve particular policy objectives, regardless of what they get, they are not going to vote to raise the debt ceiling. the republicans who are running for president from the house of representatives, for example, are not saying don't raise the debt ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first president
MSNBC
Jul 11, 2011 6:00pm EDT
that would have included up to a trillion dollars in new revenue. it seems like the republicans talk a big game about solving the nation's problem. but they are really only interested in one thing, that's winning back the white house. mitch mcconnell said this on fox news. >> the most important thing we want to achieve is for president obama to be a one-term president. >> that is true. that's my single most important political goal along with every active republican in the country. >> joining me now, is the independent senator from vermont, senator bernie sanders. senator, thank you for being here tonight. how do you explain the republicans unwillingness to compromise to get the big deal that they said they wanted, to put everything on the table. the president said fine now they back down. >> what they said is they would like everything on the table. so long as it means cuts to social security, medicare, medicaid, the needs of our children, and the environment. all of that is on the table. but if you asked billion airs it start paying a little bit more in taxes or if you do away with loop
MSNBC
Jul 21, 2011 1:00pm EDT
as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive conversations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there co
MSNBC
Jul 5, 2011 6:00am EDT
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
MSNBC
Jul 20, 2011 12:00am EDT
on to as a pass towards raising the debt ceiling. i'm sure that was an edified discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward
MSNBC
Jul 27, 2011 10:00am EDT
on this block. ben's a re/max agent, and he's a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. ♪ [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. >>> no shocker here. david wu is calling it quits. the oregon representative will resign over allegations over a sexual relationship with an 18-year-old girl. he will not make it official until the debt ceiling. >>> congress member gutierrez was arrested in front of the white house. he was arrested in may of 2010 in a similar protest. >>> elizabeth warren is going back to harvard. she left to start the consumer protection bureau. >>> a new survey shows facebook is the preferred social media method for members of congress although twitter is growing in popu
MSNBC
Jul 28, 2011 5:00pm EDT
connell going to play on this? i have a feeling he's going to play pretty big hardball on this to borrow a phrase, chris. seems to me he really is boehner's back. not just having boehner's back today or boehner's back tomorrow, but he's going to have boehner's back. the question is, can harry reid pry away seven or eight republicans to work with him? where does that happen? at this point i don't think you'll see any movement on a deal publicly, at the earliest, not until sunday. >> is the real fear not that there's a second effort to cut spending a bit more, but the second part of this spending cuts which would come at the end of this year, the vote on that, would actually cut to the bone. go after entitlements, medicare, after things the democrats treasurer jer is that the big fear? i think pelosi, former speaker, now democratic leader, was alluding to that in her very strong statement against the boehner plan tonight? >> reporter: that is one fear. you talk to democrats familiar with the way these negotiations have gone, and they'll say, look, this first $1.2 2r8 trillion, the first ro
MSNBC
Jul 20, 2011 5:00pm EDT
big? what would you get rid of? >> i was one of the folks last week who introduced an amendment that said, let's at least freeze defense spendsing. it's not a very popular thing for a republican to do. i like defense, it's important to me. we only got 65 democrats and only 70 republicans. i'm willing to put everything on the table to be serious about spending reductions. >> what do we do about the big entitlements that go through the roof as people get older and older. you can't limit the number of people turning 65 by law. how do you deal with the cost increase? >> let's start by being honest with ourselves. i think the president did that this week. if you read his veto message about cut, cap and balance, he says the only reasons he opposes a balanced budget amendment is that it prevents us from keeping our promises to the seniors. what he's saying is what we have been telling folks back home, you cannot balance the budget without changing medicare, medicaid and social security. you simply can't do it. the folks back home tell you they want a balanced budget amendment. >> but t
MSNBC
Jul 18, 2011 6:00am EDT
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
MSNBC
Jul 25, 2011 6:00am EDT
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
MSNBC
Jul 25, 2011 9:00pm EDT
is a big part of the reason why. before i served in congress, i ran a small business in ohio. i was amazed at;h$ow different washington, d.c. operated than every other business in america, where most american businesses make the hard choices of paying their bills and living within their means, in washington, more spending and more debt is business as usual. i've got news for washington, those days are over. president obama came to congress in january and requested business as usual. he had another routine increase in the national debt, but we in the house said not so fast. he was a president asking for the largest debt increase in history on the heels of the largest spending increase in history. here's what we got from that massive spending binge, a new health care bill most americans didn't ask for, a new spending bill that's more useful for producing material for late night comedians than jobs, and a debt that sparked a crisis without precedent in my lifetime or yours. the united states cannot default on its debt limitations. what we told the president in january was this, the american
MSNBC
Jul 26, 2011 6:00am EDT
the battle on a short term debt ceiling because we can't put together a big one in one week's time. and you noticed the president had no statement in there, "i will veto a short-term debt ceiling." what happened to that? >> he didn't have that. i was wondering if you would allow if you ear in the president's position or advisor, you advised many presidents before. would you not tell him to stand up to his opponents? >> i would not tell the president of the united states to veto a short term debt ceiling. if, as a result, i'm going to throw my country into default over what? the president is willing to accept a clean debt ceiling with nothing. now boehner is going to give a debt ceiling with $1 trillion in cuts. why would he reject the good because it's not the best? >> my advice -- i think, pat, we've had this discussion on the show. pat and i sparred a bit in the last two weeks. i think pat, unfortunately, for the democrats standpoint is right. i don't mean you're right. you're more right this morning than wrong. if the president has to accept a short term plan which is looking more and mo
MSNBC
Jul 29, 2011 2:00am EDT
of the big players in all of this. he has taken a role where he made is clear on the floor where he is fully supportive. he said what needed to be said. throw sug port there. but privately many other senators are telling us mccon sell working on a deal. mcconnell's aides say no, that's not going on. if you piece these things together, you get the sense where someone who thinks he can see the end game, thought i had it a while back and the opportunity for members of congress to disapprove a debt ceiling vote, which is part of the mechanics of hoop jumping legislatively is actually a plus for some tea party members who don't want to be on board right now. second ago, paul ducked under the camera to get to another location. he is another one i was thinking of. when you vote against the debt ceiling but give the president that authority that might be way for everybody to get what they want. it is of course too soon to see how it will factor out. but watching mix mcconnell, you will see someone who gets a sense of how things work and to see how he uses the power he earned all this time. >> chuck
MSNBC
Jul 31, 2011 2:00pm EDT
with the speaker of the house was a big deficit reduction package that wouldn't have a supercommittee. we would have done it right now. that wasn't possible. the speaker of the house pulled by the right wing of his party, walked away from it. but the president's going to be committed over these next few months, as i think members of congress need to be as well, that we need to finish the job here, and the way you're going to finish that job is to have a balanced deficit reduction package that doesn't harm the economy. >> let me ask you some other pressing matters. i've spoken to top figures on wall street who say this is a code red day, all hands on deck, preparing for a market shock as early as tomorrow. what is your message? what is the president's message to investors around the globe this morning? >> well, i think it is that we have to get this solved. today is obviously a critical day. we have to give confidence that there is a pathway to make sure that we both reduce the debt ceiling, and let's not underestimate the deficit reduction is an important part of this, so i think -- >> but that
MSNBC
Jul 13, 2011 6:00pm EDT
talk a big game. they say the president is losing support. they say he lost his touch. they say he is done in 2012. really? i don't think so. he is showing them the money in a big way. bandoned racetracks in america today. automotive performance is gone. and all we have left are fallen leaves and broken dreams. oh. wait a second. that is a dodge durango. looks like american performance is doing just fine. ♪ carry on. ♪ carry on. ♪ going to the bank without going to the bank... that's a step forward. with chase quickdeposit on your smartphone, you just snap a picture, hit send and done. chase quickdeposit. take a step forward and chase what matters. ♪ we just keep on keepin' on ♪ ♪ keep on >>> the republicans are in the debt talks, right? there is always the 2012, right? wrong. they are getting trounced too. today the obama campaign announced it raised more than $47 million this quarter. that's in addition to $38 million the president raised for the democratic party. it is also more than the entire republican field combined. and all that talk that is grass root base is d
MSNBC
Jul 19, 2011 6:00pm EDT
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
MSNBC
Jul 21, 2011 6:00pm EDT
a new high. his latest attack on big government is our con job of the day. >>> welcome to the show, i'm al sharpton. tonight's lead, are we closer to a deal or disaster? president obama and house speaker john boehner may be nearing a deal for a new grand bargain on debt limit. the president is meeting with democrats right now at the white house. presumably to talk about the deal. but any agreement would have to get past the tea party republicans in the house. and democrats say, they have a problem. >> the loudest shrillest voices from the republican party are not leaders but tea party extremists. >> they group of ideal ogs have grabbed the reigns and refuse to let go. it is the group who alone wants to drive the car off the cliff. >> but now, even boehner is saying republicans must compromise. >> i believe congress must act before august 2nd and i hope we are prepared to do that. at the end of the day, we have v a responsibility to act. >>> if the united states of america's debt rating gets downgraded, every interest rate in america will go up. >> joining me now is republican congress
MSNBC
Jul 21, 2011 9:00pm EDT
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. >>> there are two things happening in rick perry's political life that are on a collision course. the first thing is that he plainly is going to run for president. he is leaking to the press that his wife wants him to run, she is actively enkiecouraging him do it. he just
MSNBC
Jul 1, 2011 6:00pm EDT
holidays of the year. more politics ahead with cenk uygur. >> big banks, big money. republicans aren't even pretending to root for the little guy any more. tonight, the gop is brazen in their efforts to protect the rich. now long can this party go on before it implodes? >>> minnesota democratic governor shows how you fight back against republicans. do we have a new progressive hero? >>> plus the dominique strauss-kahn trial falls apart. >>> does fox news start in the nix yop white house? we have the amazing report straight from the nixon library. >>> welcome to the show, everybody. i'm roo i'm cenk uygur. we have an awesome show tonight. >>> all right, we are the party of the rich. guys came out and said you are for corporate jets, oil subsidies were for the rich. they basically came out and said yes. look at them defending all those programs right here. >> the president is singling out expensive airplanes is not the folk usts issue we are debating here. >> you see the most ugly devicive press conference i think i have ever seen from a president. offered no solutions. other than let's tax r
MSNBC
Jul 26, 2011 12:00am EDT
, the smaller the people. and right now we have a government so big and so expensive it is zapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you are spending more than you are taking in, you need to spend less of it. there's no symptom of government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we're up to the task. and i hope president obama will join us in this work. god blets you and your family and god bless the united states of america. >> that was speaker of the house john boehner responding to the speak address of the president of the united states. called a stalemate over the debt ceiling negotiations. speaker boehnor said there was no stalemate, making the case that there was no stalemate simply because he has been able to pass some bills in the house of representatives only that address this with absolutely no possibility of passing that legislation through the united states senate. ignoring the stalemate, he ignored many of the specifics raised
MSNBC
Jul 6, 2011 5:00pm EDT
that it isn't that big of a deal have made themselves look pri instrahan gent. if we do go to doomsday on this, the hope is people that get blamed will be the republicans. >> that's option 2. that's default. i've given you two options. >> it's not default if we don't stop sending out the checks. if we keep sending out the checks, it's not default. we didn't default in '95. we just got near to it. >> does the president then say, okay, i'll agree to the republican plan? what's the third option besides default and defeat? how does he force his point of view, which is a reasonable balance, two or three to one, spending cuts to revenue hikes. >> i have no idea. i should say they're talking four or five to one. >> how do we get to there then? >> he can't. on his own we simply cannot. we live in a country, the constitution, the constitution has ultimate power. a lot of people think he could ignore them by asserting constitutional authority, but that is really dependent on the supreme court. >> am i right that it depends on one man, john boehner, speaker of the house, will have to deliver the votes he
MSNBC
Jul 22, 2011 6:00pm EDT
. but that could be a fer mat where you have not the grand barring of an huge cuts and big structural change but something smaller more likely to help the country limp bat of the deadline and then maybe start talks for a broerd change for social programs and the tax base. but this is a dire circumstance because there is so much hope about the cooperation between the speaker,er ek cantor and the president, and geithner. a serious impasse. the president will be able to tell us more when he comes to the microphone. i was told the president received a phone call within the last half hour or so and hill leaders just hearing about it today as well. and a lengthy letter going out to house colleagues saying there was never a deal, it was never close and they are breaking this off. >> this could also be speaker boehner feeling the pressure of the tea party. >> certainly. >> -- caucus in the house. and clearly if he is saying that gang of six proposal, we certainly haven't confirmed it, this could be him having to bow to pressure in his own caucus from some of tea party freshmen and the like. >> every
MSNBC
Jul 26, 2011 4:00pm EDT
. >> thank you smuch, martin. a pleasure to be seeing her. our show, indeed, begins right now. >>> the big story for everybody out there -- now what? lots of false debate on capitol hill, a week from the treasury's default deadline. sort of invented in its own right. a tuesday in new york. good news, not at hot as it was. my name is dylan ratigan. pleasure to see you. the president and speaker of the house delivering speeches that have absolutely nothing to do with where the fault or blame now stands. more importantly, underlying structural problems that got us into this mess in the first place, talking about that. listening to all the floor speech, primetime addresses and press conferences you may actually think something is getting done. but if that was the case we'd have already raised the debt ceiling and moved on to restructuring bank, trade taxes in order to create jobs and prosperity for america. that's downright crazy. luke russert starts us off on capitol hill with the latest on the debt ceiling. >> reporter: the latest on the professional wrestling as you like to call it, right,
MSNBC
Jul 30, 2011 9:00am EDT
to have a couple big social security payments and interest payments due, so it's not entirely clear to the markets or to anybody else when treasury will exhaust its reserves. >> annie lowery, economic and business reporter for slate. >>> well, joining me from the hill now illinois republican congressman robert dold who serves on the financial services committee. representative dold, thanks for being here this morning. it's a busy day. >> thanks for having me. i appreciate it. >> i know, sir, that you supported john boehner's plan, but you say you would have voted for it without a budget balanced amendment. why are some of your colleagues saying they need that fully knowing it would not pass the senate? >> the number of my colleagues booef e plea of we have to change the way washington is working, so we've been grossly overspending for a long period of time. it's been happening on both sides of the aisle. it's a clear washington problem. american families have tightened their belt. american businesses have done the same. they should expect that the federal government should be able t
MSNBC
Jul 20, 2011 6:00pm EDT
. >>> plus, just one year franks bill became law, he is still under fire from big banks. congressman frank is here live. >>> emotional testimony in the senate and calls to repeal the defense of marriage act. >>> welcome to the show, i'm al sharpton. tonight's lead. if washington plays let's m wasa deal, the tea party is still saying my way or the highway. president obama's meeting at the white house with john boehner and eric canton, but house republicans still refuse to budge on any deal to raise the debt limit. they're saying no to the president. they're saying no to the game of six senators. they are even saying no to mitch mcconnell's plan b. today one democratic senator add new word for the tea party's extremism. the cult fringe. >> the debate and fight is not between the democrats and republicans. it is between senate republicans and they are sort of cult fringe as i refer to them, dead beat debtors is what they are. >> joining me is congressman tom reid, first term republican from new york state. congressman, you guys a cult? >> oh, well first of all, thank you very much for the opp
MSNBC
Jul 21, 2011 4:00pm EDT
>>> the big story, pressure cooker. good day. i'm matt miller in today for dylan ratigan. dylan's hard at work on his upcoming book. >>> a sweltering heat wave grips the nation, the pressure is turned up on washington tore a debt ceiling with just 12 days to go. the white house calling out the "new york times" for sending out a bad alert that obama and boehner are close to a major budget deal. listen in. >> the breaking news, reports that you all have probably received is incorrect. there is no deal. we are not close to a deal. >> in the house, the s&p pulls freshmen republicans aside for waiting to act. holding out to the last minute when the markets tank and believe the ball will be in their tank because in political pro wrestling time means levera leverage. meantime, the cut, cap and balance amendment, demanding a vote because it doesn't have a chance of survival. senator reid trying to put on the pressure with speaker boehner firing right back. >> time is of the essence. when there are people who want to cause problems it takes a long time to get things done. unfortunately,
MSNBC
Jul 26, 2011 2:00pm EDT
will be raised by next week, but the big question that everybody is asking is how is this going to happen, because it seems that all sides are digging in the heels and the white house continuing to insist that the president would veto a short term plan which is that plan put forth by speaker boehner that is as kelly mentioned would increase the debt ceiling in increments for the first time for six months, and press secretary jay carney, again, today saying that the president would veto that if it made it to his desk, and carney saying that bill would doubtfully pass the senate, but the president said in the remarks last night he does support the plan put forth by reid which would of course, decrease the deficit by $2.7 trillion and raise the deficit through 2012, and here is what press secretary jay carney had to say about the reid plan earlier today. >> it is a legitimate compromise measure. we believe it could pass the senate and the house if folks gave it a fair shake, and we appreciate senator reid putting it forward. the fact that there remains confidence in the world that washington
MSNBC
Jul 18, 2011 6:00pm EDT
there has not been the kind of strategic coordination, particularly rolling out big plans like the ryan plan, and making big proposals as you have seen bit gop. so i will absolutely concede that from a strategic messaging point. yeah, the party has been off point a bit. it doesn't, however, take away from the underlying argument that country wants us to do something about spending. and al, i've said this from the beginning -- >> the amendment is not it. do you really that if you had -- just a minute. i let you finish. let me raise this point. do you realize michael that if you add balanced budget amendment that ronald reagan, with his budget illegal eight times, that george bush would have been illegal eight times. that michael -- that bill clinton would have been illegal twice. even the ryan budget doesn't fit this. i mean, come on. when do you guys understand that this is totally -- >> that's the point. that's why those members want that constitutional revision put in place so we do not have the spending that occurred on both republican and democratic administrations over the past 15 to 20
MSNBC
Jul 26, 2011 2:00am EDT
] and this is to remind you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> up next the policy challenges with jared bernstein. later, tim pawlenty continues to talk tough in iowa. that's in the rewrite. >>> congress now has one week left to act. there's still pass forward. the senate introduced a plan to avoid default which makes a down payment and ensures we don't have to go through this again in six months. i think that's a much better approach, although serious deficit reduction would still require us to tackle the tough challenges of entitlement and tax reform. >> that was the president addressing the nation from the east room earlier this evening. joining me now is jerrold bernstein, the former chief economist to vice president biden. he's currently a senior fellow at the center on budget and policy priorities and an msnbc contributor. jared, first of all, let's talk about the policies now that came out on what is called the reid pla
MSNBC
Jul 29, 2011 5:00pm EDT
a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and lingering fears about the debt debac debacle. the dow jones industrial tumbling. and absolutely dangerous, how one investor described the atmosphere on wall street today telling cnbc the problem is the market reacts to two thing. greed and fear. right now there's no greed in the air, only fear. a lot of that fear based on the ongoing debate in washington over raising the debt ceiling and cutting the deficit. aps an anemic reading on gdp growth, weaker than expected 1.3% while first quarter numbers were prevised to lower to a paltry 0.4%. over a rough week for the market. all major indices giving up between 3.5 and 4.5%. that's it from cnbc, first in business
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